Life and Health Insurance Entities

Whether you are a financial statement preparer or an auditor, it is critical to understand the complexities of the life and health insurance industry including revenue recognition, investments, deferred acquisition costs, and financial statement presentation. AICPA publications provide information on recent developments, guidance, practice aids, and illustrative examples for the common accounting and audit practices in the life and health insurance industry including

accounting for investments in debt and equity securities, mortgage loans, real estate, joint ventures, and other investments accounting for benefit and claim payments.

Audit and Accounting Guide Life and Health Insurance Entities

Audit Risk Alert Insurance Industry Developments

This alert is intended to be used in conjunction with Audit Risk Alert General Accounting and Auditing Developments, which explains important issues that affect all entities in all industries in the current economic climate. General topics include recently issued guidance and emerging audit risks resulting from external economic factors.

AICPA Online Professional Library

When you subscribe to any one of the many subscription options on AICPA Online Professional Library, you're not only getting access to the most up-to-date guidance and tools, you are also linked to all of the relevant and related literature, including the FASB and GASB libraries.

Many publications and libraries may be of value to those interested in guidance related to insurance entities: